Exhibit 99.05 |
Southern Company |
Consolidated Earnings |
(In Millions of Dollars) |
|
| Three Months Ended June |
|
|
| Year-to-Date June | ||||||||||||
|
| 2009 |
|
| 2008 |
|
| Change |
|
|
| 2009 |
|
| 2008 |
|
| Change |
Income Account- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Retail Revenue- |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fuel | $ | 1,306 |
| $ | 1,392 |
| $ | (86) |
|
| $ | 2,558 |
| $ | 2,595 |
| $ | (37) |
Non-Fuel |
| 1,987 |
|
| 2,057 |
|
| (70) |
|
|
| 3,800 |
|
| 3,860 |
|
| (60) |
Wholesale Revenues |
| 438 |
|
| 591 |
|
| (153) |
|
|
| 889 |
|
| 1,105 |
|
| (216) |
Other Electric Revenues |
| 128 |
|
| 143 |
|
| (15) |
|
|
| 251 |
|
| 272 |
|
| (21) |
Non-regulated Operating Revenues |
| 26 |
|
| 32 |
|
| (6) |
|
|
| 53 |
|
| 66 |
|
| (13) |
Total Revenues |
| 3,885 |
|
| 4,215 |
|
| (330) |
|
|
| 7,551 |
|
| 7,898 |
|
| (347) |
Fuel and Purchased Power |
| 1,582 |
|
| 1,819 |
|
| (237) |
|
|
| 3,096 |
|
| 3,364 |
|
| (268) |
Non-fuel O & M |
| 832 |
|
| 915 |
|
| (83) |
|
|
| 1,702 |
|
| 1,812 |
|
| (110) |
MCAR Litigation Settlement |
| 0 |
|
| 0 |
|
| 0 |
|
|
| 202 |
|
| 0 |
|
| 202 |
Depreciation and Amortization |
| 377 |
|
| 359 |
|
| 18 |
|
|
| 767 |
|
| 703 |
|
| 64 |
Taxes Other Than Income Taxes |
| 208 |
|
| 198 |
|
| 10 |
|
|
| 408 |
|
| 387 |
|
| 21 |
Total Operating Expenses |
| 2,999 |
|
| 3,291 |
|
| (292) |
|
|
| 6,175 |
|
| 6,266 |
|
| (91) |
Operating Income |
| 886 |
|
| 924 |
|
| (38) |
|
|
| 1,376 |
|
| 1,632 |
|
| (256) |
Other Income, net |
| 67 |
|
| (37) |
|
| 104 |
|
|
| 112 |
|
| 25 |
|
| 87 |
Interest Charges |
| 233 |
|
| 229 |
|
| 4 |
|
|
| 459 |
|
| 446 |
|
| 13 |
Income Taxes |
| 226 |
|
| 225 |
|
| 1 |
|
|
| 393 |
|
| 403 |
|
| (10) |
Net Income |
| 494 |
|
| 433 |
|
| 61 |
|
|
| 636 |
|
| 808 |
|
| (172) |
Dividends on Preferred and Preference Stock of Subsidiaries |
| 16 |
|
| 16 |
|
| 0 |
|
|
| 32 |
|
| 32 |
|
| 0 |
NET INCOME AFTER DIVIDENDS ON PREFERRED AND PREFERENCE STOCK | $ | 478 |
| $ | 417 |
| $ | 61 |
|
| $ | 604 |
| $ | 776 |
| $ | (172) |
Notes |
- Certain prior year data has been reclassified to conform with current year presentation. |
|
- Information contained in this report is subject to audit and adjustments. Certain classifications may be different from final results published in the Form 10-Q. |